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Apr 29, 2017 Yes, title insurance is a necessary expensePublished 29 April 2017 LAS CRUCES — A home is usually the largest single investment any of us will ever make. Whether purchasing with cash or financing with a mortgage, title insurance is an important part of the process. For New Mexico property buyers who finance the purchase of a property, the $100 or so they
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Mar 18, 2017 Sales of higher-end homes spike in February
Published 18 March 2017 LAS CRUCES – The number of new and existing homes sold for $250,000 and above in February rose significantly over the number of higher-end homes sold in January, according to statistics pulled from the archives of Las Cruces Association of Realtors on March 14. Nineteen of the new and existing homes, townhomes
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Feb 12, 2017 Decreasing supply could spur rise in home prices
Published 12 February 2017 The law of supply and demand is quite simple: Prices rise when demand outpaces supply, decline when there’s an oversupply, and remain stable when the quantity of the commodity, product or service desired is equal to the quantity available. Demand for real estate certainly waned following the collapse of the housing
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Nov 13, 2016 Home-sale production, prices improve in October
Published 13 November 2016 Local Realtors sold more new and existing homes, townhomes and condominiums this October than they did one year ago, according to statistics from the Las Cruces Association of Realtors. Home prices also improved in the year-over-year survey. Sales of new and existing single-family, free-standing homes rose 15.7 percent, from 102-units one
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Nov 06, 2016 South county home sales are a mixed bag
Published 6 November 2016 Sales of new and existing homes in Anthony, Chaparral and Santa Teresa, New Mexico produced mixed results through the first ten-months of the year, according to data from the Las Cruces Association of Realtors. New and existing-home sales production and prices varied, depending on location. Here are the nuts and bolts
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Published October 23, 2016 The Association of Real Estate License Law Officials (www.arello.org) estimates that there are approximately 2 million people in the U.S. who currently hold active real estate licenses. According to the National Association of Realtors (NAR), about 1.2 million of those folks are Realtors. Closer to home, the New Mexico Real Estate
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